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Oil prices fell by about 1% on Wednesday as signs of stronger Chinese crude consumption were outweighed by investor caution ...
Crude oil futures fell for the third straight session Wednesday, dragged down by higher inventory levels of U.S. fuels and concerns about the wider economic impact of looming U.S. tariffs. The U.S.
Oil prices fell by about 1% on Wednesday as signs of stronger Chinese crude consumption were outweighed by investor caution ...
Oil rebounded on strong demand signals and easing trade tensions, boosting XOP and SLX while pressuring XRT, CRAK, JETS, and GDX.
Crude oil prices faced another volatile week as traders balanced conflicting fundamentals. While supply-side data offered some bullish support, persistent economic concerns, escalating trade ...
Oil price shock jolts global recovery as economic impact of Russia’s invasion spreads Europe to bear greatest costs while inflation fight in the United States gets tougher March 11, 2022 ...
China's GDP growth, alongside new economic measures, might stimulate the country's recovery and potentially push up global oil prices. High domestic debt levels and an unstable property sector ...
So, $100 oil for several months would not automatically translate into a recession, but would have a notable impact on GDP growth, especially if the Fed raises interest rates as higher oil prices ...
The good news in terms of the US economic impact is that oil and gas extraction and refining is still only about 1.7% of the US economy. And the stocks of oil companies aren’t as important to ...
Despite its recent uptick, the price of oil has also fallen from a 2022 peak reached when the blazing-hot economic rebound from the pandemic collided with a supply shortage imposed by the Russia ...